Estate Once Home to Michael Jackson Will Go On the Market for $19.5 Million

A Las Vegas compound once home to Michael Jackson will go on the market for $19.5 million. The pop star rented the gated estate from 2007 until 2009, when he died in California, said the listing broker.

According to listing agent Eddy Martinez of Miami-based Worldwide Properties, the 1.8-acre estate includes an 8,500-square-foot, three-story main house with three bedrooms and seven bathrooms as well as an elevator, spa treatment rooms, two kitchens and a large conference room. There’s also a large guesthouse and a chapel done in a Gothic style. Grounds include a tennis court, basketball court and fountain.

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This Las Vegas compound formerly rented by Michael Jackson will list for $19.5 million. Worldwide Properties

Mr. Jackson and his children primarily lived in the property’s 5,000-square-foot guest cottage, which has four bedrooms, three bathrooms, a kitchen, family room and dining room. Mr. Jackson housed his staff in the main home on the property, according to Mr. Martinez, and converted its master suite into a recording studio. The two buildings are connected by an underground tunnel with a bar and art gallery; Mr. Jackson could use the tunnel to avoid helicopters and paparazzi.

The home is owned by Aner Iglesias, a real-estate investor. It initially came on the market in 2009 for $12.8 million. The property has been used meanwhile for private events, weddings and diplomatic ceremonies. Mr. Martinez said the price increase reflects a dramatically improved market from when the home listed previously.

Mr. Martinez said his company, along with Chinese international real-estate portal Juwai.com, will market the property primarily to wealthy Chinese buyers and will debut the listing this weekend at Top Marques luxury show in Shanghai. “Many Chinese are/were Michael Jackson fanatics,” said Mr. Martinez in an email. “For a really wealthy fan of Michael Jackson, it would be a dream come true to own the home where Michael lived and recorded/created his music.”

—Candace Jackson and Jason Chow

MJ Las Vegas MJ Las Vegas 2

Off the Coast of Cape Cod, a Private Island With A Nature Preserve Lists for $8.695 Million

A 10-acre private island off the coast of Cape Cod has listed for $8.695 million, according to listing agent Jack Cotton Jr. of Sotheby’s International Realty.

Called Fox Island, the property is officially part of Cape Cod’s Osterville, one of seven villages that make up the city of Barnstable in Massachusetts. The estate of Carolyn Crossett Rowland is selling the home. Mrs. Rowland was a philanthropist and photographer who died last year. Her grandfather, Edward Savage Crossett, established Arkansas’ largest lumber interest in 1889, the Crossett Lumber Company. The firm grew quickly as the national railroad system expanded during World War II. In 1962, after Mrs. Rowland’s father Edward Clark Crossett died, the company was sold to Georgia-Pacific.

The property has a 5,870-square-foot home that Mrs. Rowland and her husband, George Rodman Rowland, built in 1973, the same year that they purchased the island for $400,000. The Cape Cod-style house has nearly 360-degree views of water, including North Bay and Dam Pond. There’s a saltwater pool near the house. In addition to the estate, there’s a nature preserve on the island.

Fox Island can be accessed via a 300-foot-long causeway that can be driven over. The island has 2,500 feet of saltwater frontage including 400 feet of sandy beachfront on North Bay. A seasonal deep water dock, sheltered in Dam Pond, provides access to multiple bays and Nantucket Sound.

Before buying Fox Island, the Rowlands lived in a house in Osterville overlooking Nantucket Sound, according to Mr. Cotton. The estate of Mrs. Rowland could not be reached for comment.

Peggy Rowland and Marcus Nese, also of Sotheby’s, share the listing with Mr. Cotton.

—Lauren Schuker Blum

Waterfront Compound in a Russian Enclave of Brooklyn Asks $30 Million

Galina Anissimova, the former wife of a Russian billionaire, is asking $30 million for a waterfront compound. On National Drive in Mill Basin, it is in the heart of a mostly Russian enclave in Brooklyn, listing agents said.

The compound, which has the highest price tag in Brooklyn, agents said, comes with two limestone mansions, a pool and two docks with room for a large yacht on Jamaica Bay. The main house is 14,752 square feet, with a terrace off every room, and the guesthouse is 8,209 square feet.

In total, there are seven bedrooms, three staff rooms, three kitchens, 14 bathrooms and a gatehouse. At the top of the main house, there is a circular mediation room topped by a dome of glass; the room also has a fireplace, sweeping water views and a curved panel with hand-painted astrological signs and symbols. The combined properties have about 257 feet of shore front and a patio pavilion with a small kitchen that seats 40.

Ms. Anissimova is the ex-wife of Vasily Anisimov, a Russian tycoon who made a fortune in aluminum and iron ore and expanded into real estate development. She is selling because she spends most of her time in Florida and plans to buy a place in Manhattan to be closer to her grandchildren, agents said. Last year, a daughter, Anna, listed a 3,900-square-foot apartment in the Time Warner Center in Manhattan for $50 million, but took it off the market after she rented it instead.

Her mother bought the first of the Mill Basin houses in 1996 for $3.7 million when it was still a largely Italian neighborhood. The seller was John Rosatti, a Brooklyn-born entrepreneur and restaurateur. Mr. Rosatti rebuilt the house, adding a pool, and sold it to Ms. Anissimova. Five years later he reached a settlement with the government for creating a large concrete deck and bulkhead on pilings sunk into wetlands. The violation was unintentional, a spokesman for Mr. Rosatti said. Four years later, Ms. Anissimova bought a second property for $2.5 million and rebuilt that one as well.

James Cornell and Leslie Marshall of the Corcoran Group have the listing.

—Josh Barbanel

http://online.wsj.com/news/articles/SB10001424052702304799404579153743063810348

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